SPWR vs. CSIQ
SPWR (SunPower Corporation) and CSIQ (Canadian Solar Inc.) are both stocks. Both operate in the Solar industry within the Technology sector. At a 0.22 correlation, their price movements are largely independent.
Performance
SPWR vs. CSIQ - Performance Comparison
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Returns By Period
SPWR
- 1D
- -1.38%
- 1M
- -20.50%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CSIQ
- 1D
- 0.20%
- 1M
- -10.22%
- 6M
- -22.50%
- YTD
- -36.81%
- 1Y
- 18.17%
- 3Y*
- -26.19%
- 5Y*
- -18.12%
- 10Y*
- -0.56%
SPWR vs. CSIQ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SPWR SunPower Corporation | -40.09% |
CSIQ Canadian Solar Inc. | -21.15% |
Correlation
The correlation between SPWR and CSIQ is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.22 |
Fundamentals
SPWR:
$62.90M
CSIQ:
$1.02B
SPWR:
-$0.04
CSIQ:
-$1.51
SPWR:
1.76
CSIQ:
0.19
SPWR:
$308.76M
CSIQ:
$5.48B
SPWR:
$149.79M
CSIQ:
$1.16B
SPWR:
-$3.66M
CSIQ:
$398.75M
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Return for Risk
SPWR vs. CSIQ — Risk / Return Rank
SPWR
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CSIQ
SPWR vs. CSIQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SunPower Corporation (SPWR) and Canadian Solar Inc. (CSIQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPWR | CSIQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.10 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.10 | — |
| Martin ratioReturn relative to average drawdown | — | 0.18 | — |
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Drawdowns
SPWR vs. CSIQ - Drawdown Comparison
The maximum SPWR drawdown since its inception was -45.57%, smaller than the maximum CSIQ drawdown of -96.02%. Use the drawdown chart below to compare losses from any high point for SPWR and CSIQ.
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Drawdown Indicators
| SPWR | CSIQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.57% | -96.02% | +50.45% |
Max Drawdown (1Y)Largest decline over 1 year | — | -63.94% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -82.25% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -85.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.46% | — |
Current DrawdownCurrent decline from peak | -41.19% | -76.59% | +35.40% |
Average DrawdownAverage peak-to-trough decline | -28.22% | -61.15% | +32.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 37.52% | — |
Volatility
SPWR vs. CSIQ - Volatility Comparison
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Volatility by Period
| SPWR | CSIQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 21.17% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 64.73% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 91.15% | 96.41% | -5.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.15% | 72.18% | +18.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.15% | 63.87% | +27.28% |
Dividends
SPWR vs. CSIQ - Dividend Comparison
Neither SPWR nor CSIQ has paid dividends to shareholders.
Financials
SPWR vs. CSIQ - Financials Comparison
This section allows you to compare key financial metrics between SunPower Corporation and Canadian Solar Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SPWR vs. CSIQ - Profitability Comparison
SPWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, SunPower Corporation reported a gross profit of 48.85M and revenue of 88.49M. Therefore, the gross margin over that period was 55.2%.
CSIQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Canadian Solar Inc. reported a gross profit of 270.82M and revenue of 1.08B. Therefore, the gross margin over that period was 25.1%.
SPWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, SunPower Corporation reported an operating income of -1.12M and revenue of 88.49M, resulting in an operating margin of -1.3%.
CSIQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Canadian Solar Inc. reported an operating income of 72.87M and revenue of 1.08B, resulting in an operating margin of 6.8%.
SPWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, SunPower Corporation reported a net income of -1.12M and revenue of 88.49M, resulting in a net margin of -1.3%.
CSIQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Canadian Solar Inc. reported a net income of -32.09M and revenue of 1.08B, resulting in a net margin of -3.0%.
Frequently Asked Questions
SPWR and CSIQ have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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